Clearpay Terms & Conditions (UK)
What is Clearpay?
Clearpay is a "buy now, pay later" service that allows you to split your purchase into four equal, interest-free instalments, paid every two weeks. The first payment is due at the time of purchase.
Eligibility Criteria:
To use Clearpay, you must:
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Be at least 18 years old
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Be a permanent UK resident (excluding the Channel Islands)
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Have a valid UK billing address, email, and mobile number
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Possess a UK-issued debit or credit card
Payment Schedule:
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Payments are automatically deducted from your chosen payment method every two weeks.
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You can view your payment schedule in your Clearpay account.
Late Fees:
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A £6 late fee applies if a payment is missed.
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An additional £6 fee is charged if the payment remains unpaid seven days later.
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Late fees are capped at £36 or 25% of the order value, whichever is less.
Account Management:
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You can reschedule up to three payment dates per year, each by up to five days.
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Early repayments are allowed at any time.
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Missed payments may result in suspension of your Clearpay account.
Returns & Refunds:
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If you return an item, Clearpay will adjust your payment schedule accordingly.
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Refunds are processed back to your original payment method.
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It's essential to follow the retailer's return policy.
Important Notes:
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Clearpay plans are not regulated by the Financial Conduct Authority.
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Using Clearpay responsibly helps maintain your account in good standing.
For the full Terms of Service, please visit: Clearpay Terms of Service
